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Mining & Metals

Steven L. Pinney Joins Arianne Phosphate-s Board 0

SAGUENAY, QUEBEC — (Marketwired) — 06/10/13 — Arianne Phosphate Inc. (the "Company" or "Arianne") (TSX VENTURE: DAN)(FRANKFURT: JE9N)(OTCBB: DRRSF) announces the appointment of Steven L. Pinney, of Minneapolis, Minnesota, U.S.A. to its Board of Directors.Mr. Pinney is a 32-year veteran of the Mosaic Company and Cargill Inc., having served in various mining and operations roles from production management to President of Cargill Fertillizer, then finishing his career at Mo

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Avino Silver Provides Updated Mineral Resource Estimate for the Avino Property 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/10/13 — Avino Silver & Gold Mines Ltd. ("Avino" or the "Company") (TSX VENTURE: ASM) (NYSE MKT: ASM) (FRANKFURT: GV6) is pleased to announce the completion of the resource estimates from the San Gonzalo and Avino mine systems. Both systems are located on Avino-s property near Durango in west-central Mexico. Both mineral resource estimates are being compiled in an updated technical report prepared by Tetra Tech, an inde

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Teranga Board Strongly Opposes Mineral Deposits Opportunistic Proposal; Advises Shareholders to Vote Against MDL Nominees 0

TORONTO, CANADA — (Marketwired) — 06/10/13 — Teranga Gold Corporation ("Teranga" or the "Company") (TSX: TGZ)(ASX: TGZ) advises that a 16% shareholder, Mineral Deposits Limited (MDL) has announced that it proposes to replace three of the Company-s independent directors with three new MDL nominees for election to the Board of Directors of Teranga at the Annual and Special Meeting of shareholders, to be held in Toronto on July 18, 2013.The Board of Teranga does not support

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Rockex Mining Achieves Significant Milestone with Metallurgical Testing on Eagle Island Deposit 0

THUNDER BAY, ONTARIO — (Marketwired) — 06/10/13 — ROCKEX MINING CORPORATION ("Rockex" or the "Company") (TSX: RXM) is pleased to announce that positive metallurgical test results were obtained from representative samples from the Eagle Island Deposit in its 100%-owned Western Lake St. Joseph Iron Project in northwestern Ontario. The test work, which was overseen by Met-Chem Canada Inc. and undertaken by SGS Mineral Services from Lakefield, Ontario, yielded favourable iro

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Northland Announces First Drawdown of USD 100 Million From the USD 335 Million Bond 0

LUXEMBURG, LUXEMBURG — (Marketwired) — 06/10/13 — Northland Resources S.A. (OSLO: NAUR)(FRANKFURT: NPK)(OMX: NAURo) (together with its subsidiaries, "Northland", "NRSA" or "the Company") announces that the Company has completed all pre-disbursement conditions in connection with the USD 335 million bond ("New Bond") and received the approval of the Company-s board to draw USD 100 million from an escrow account.The Company announced earlier in a press r

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Hudbay Announces Offering of US$150,000,000 Senior Unsecured Notes 0

TORONTO, ONTARIO — (Marketwired) — 06/10/13 — HudBay Minerals Inc. ("Hudbay") (TSX: HBM)(NYSE: HBM) today announced that it is offering an additional US$150 million aggregate principal amount of its 9.50% senior unsecured notes due October 1, 2020 (the "Notes"). The Notes are additional to the US$500 million aggregate principal amount of 9.50% senior unsecured notes that Hudbay issued in September 2012 (the "Existing Notes"). Hudbay plans to use the net proceed

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Greenland Government Initiates Public Hearing Process Following Acceptance of True North Gems Exploitation Permit Application 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/10/13 — True North Gems Inc. (the "Company") (TSX VENTURE: TGX) are pleased to announce that the Greenland Government have determined that the Company-s application for exploitation permit regarding the Aappaluttoq Ruby Deposit in SW Greenland can proceed into the Public Hearing stage.This acceptance is a major milestone in the development of the Aappaluttoq Ruby Project; the Company is now in discussions with the Greenland Governme

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Exeter Granted Surface Rights to the Caspiche Gold-Copper Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/10/13 — Exeter Resource Corporation (NYSE MKT: XRA)(TSX: XRC)(FRANKFURT: EXB) ("Exeter" or the "Company")is pleased to announce that its application for surface rights, referred to in Chile as a surface land use easement, has been granted by the Chilean Government. Exeter already has a lease agreement with the Chilean Government for the surface rights that correspond to its initial mineral rights in the area, and the new e

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Medallion Resources Announces Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/10/13 — Medallion Resources Ltd (TSX VENTURE: MDL) (OTCQX: MLLOF) (FRANKFURT: MRD) ("Medallion" or the "Company") announces that its President, Don Lay, has arranged the sale through the facilities of the TSX Venture Exchange (the "TSXV") of 2,000,000 common shares of Medallion held or controlled by Mr. Lay at a price of $0.20 per share (the "Disposition"). The proceeds from the Disposition will be used

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